United States Wages 2023 | Minimum & Average | Take-profit.org (2024)

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United States Wages 2023 | Minimum & Average | Take-profit.org (1)

  1. Main
  2. Statistics
  3. Wages
  4. United States

United States Wages Data

Indicator Data Period
Minimum Wages 7.25 USD/Hour | 1160 USD/Month 2022
Wages 29.06 USD/Hour | 4649.6 USD/Month Sep/23
Wage Growth 5.73 % Aug/23
Wages High Skilled 4520 USD/Month 2018
Wages in Manufacturing 26.7 USD/Hour | 4272 USD/Month Sep/23
Wages Low Skilled 1960 USD/Month 2018
  • Minimum
  • Av. Wages
  • Wage Growth
  • High Skilled
  • Manufacturing
  • Low Skilled

Latest data on Minimum Wages (USD/Hour)

  • Chart
  • Historical Chart

United States Wages 2023 | Minimum & Average | Take-profit.org (2)

What is minimum wage in United States?

  • Minimum Wages in United States remained unchanged at 7.25 USD/Hour (1160 USD/Month) in 2022. The maximum rate of minimum wage for employees was 7.25 USD/Hour and minimum was 0.25 USD/Hour.
  • Data published Yearly by Department of Labor.

Historical Data (USD/Hour) by years

Data

Period

Date

7.25 2022 01.04.2022
7.25 2021 04.10.2021
7.25 2020 05.02.2020
7.25 2019 16.01.2019
7 2018 19.06.2018
7.25 2017 11.08.2017
7.25 2016 31.12.2016
7.25 2015 31.12.2015

Historical Chart by presidents (USD/Hour)

  • Donald Trump
  • Barack Obama
  • George W. Bush
  • Bill Clinton
  • George H. W. Bush
  • Ronald Reagan
  • Jimmy Carter
  • Gerald Ford
  • Richard Nixon

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United States Wages 2023 | Minimum & Average | Take-profit.org (11)

Minimum Wages in United States by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Donald Trump 20.01.2017 - 7.2500 7.0000 7.2500 7.0000 -3.45%
Barack Obama 20.01.2009 - 20.01.2017 7.2500 7.2500 7.2500 7.2500 0.00%
George W. Bush 20.01.2001 - 20.01.2009 5.1500 6.5500 6.5500 5.1500 27.18%
Bill Clinton 20.01.1993 - 20.01.2001 4.2500 5.1500 5.1500 4.2500 21.18%
George H. W. Bush 20.01.1989 - 20.01.1993 3.3500 4.2500 4.2500 3.3500 26.87%
Ronald Reagan 20.01.1981 - 20.01.1989 3.3500 3.3500 3.3500 3.3500 0.00%
Jimmy Carter 20.01.1977 - 20.01.1989 2.3000 3.3500 3.3500 2.3000 45.65%
Gerald Ford 20.01.1974 - 20.01.1977 2.0000 2.3000 2.3000 2.0000 15.00%
Richard Nixon 20.01.1969 - 20.01.1974 1.6000 1.6000 1.6000 1.6000 0.00%

Latest data on Wages (USD/Hour)

  • Chart
  • Historical Chart

United States Wages 2023 | Minimum & Average | Take-profit.org (12)

What is average wage in United States?

  • Average Wages in United States increased to 29.06 USD/Hour (4649.6 USD/Month) in September 2023. The maximum rate of average wage for employees was 25.68 USD/Hour and minimum was 2.5 USD/Hour.
  • Data published Monthly by Bureau of Labor Statistics.

Historical Data (USD/Hour) by years

Data

Period

Date

29.06 Sep/23 07.10.2023
29 Aug/23 07.09.2023
28.96 Jul/23 04.08.2023
28.83 Jun/23 14.07.2023
28.75 May/23 02.06.2023
28.62 Apr/23 06.05.2023
28.5 Mar/23 08.04.2023
28.42 Feb/23 11.03.2023

Historical Chart by presidents (USD/Hour)

  • Donald Trump
  • Barack Obama
  • George W. Bush
  • Bill Clinton
  • George H. W. Bush
  • Ronald Reagan
  • Jimmy Carter
  • Gerald Ford
  • Richard Nixon

United States Wages 2023 | Minimum & Average | Take-profit.org (13)

United States Wages 2023 | Minimum & Average | Take-profit.org (14)

United States Wages 2023 | Minimum & Average | Take-profit.org (15)

United States Wages 2023 | Minimum & Average | Take-profit.org (16)

United States Wages 2023 | Minimum & Average | Take-profit.org (17)

United States Wages 2023 | Minimum & Average | Take-profit.org (18)

United States Wages 2023 | Minimum & Average | Take-profit.org (19)

United States Wages 2023 | Minimum & Average | Take-profit.org (20)

United States Wages 2023 | Minimum & Average | Take-profit.org (21)

Wages in United States by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Donald Trump 20.01.2017 - 21.8300 22.5900 22.5900 21.8300 3.48%
Barack Obama 20.01.2009 - 20.01.2017 18.4100 21.8000 21.8000 18.4100 18.41%
George W. Bush 20.01.2001 - 20.01.2009 14.2900 18.3800 18.3800 14.2900 28.62%
Bill Clinton 20.01.1993 - 20.01.2001 10.9300 14.2900 14.2900 10.9300 30.74%
George H. W. Bush 20.01.1989 - 20.01.1993 9.6500 10.8900 10.8900 9.6500 12.85%
Ronald Reagan 20.01.1981 - 20.01.1989 7.1900 9.6000 9.6000 7.1900 33.52%
Jimmy Carter 20.01.1977 - 20.01.1989 5.2600 9.6000 9.6000 5.2600 82.51%
Gerald Ford 20.01.1974 - 20.01.1977 4.2600 5.2300 5.2300 4.2600 22.77%
Richard Nixon 20.01.1969 - 20.01.1974 3.1200 4.2500 4.2500 3.1200 36.22%

Latest data on Wage Growth (%)

What is the growth rate of wages in United States?

  • Wage Growth in United States increased by 5.73 % in August 2023 over the same month in the previous year. The maximum growth was 16.31 % and minimum was -6.64 %
  • Data published Monthly by Bureau of Economic Analysis.

Historical Data (%) by years

Data

Period

Date

5.73 Aug/23 29.09.2023
4.8 Jul/23 07.09.2023
5.97 Jun/23 29.07.2023
5.74 May/23 30.06.2023
5.58 Apr/23 26.05.2023
7.04 Mar/23 28.04.2023
7.28 Feb/23 31.03.2023
7.86 Jan/23 24.02.2023

Historical Chart by YoY presidents (%)

Wage Growth in United States by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Latest data on Wages High Skilled (USD/Month)

  • Chart
  • Historical Chart

United States Wages 2023 | Minimum & Average | Take-profit.org (23)

How much is average wage for high skilled employees in United States?

  • Average wages for high skilled employees in United States increased to 4520 USD/Month. The maximum level was 4950 USD/Month and minimum was 4330 USD/Month.
  • Data published Yearly by Wageindicator Foundation.

Historical Data (USD/Month) by years

Data

Period

Date

4520 2018 04.07.2019

Historical Chart by presidents (USD/Month)

Wages High Skilled in United States by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Latest data on Wages in Manufacturing (USD/Hour)

  • Chart
  • Historical Chart

United States Wages 2023 | Minimum & Average | Take-profit.org (24)

How much is average wage in manufacturing in United States?

  • Average wages in manufacturing sector in United States increased to 26.7 USD/Hour (4272 USD/Month). The maximum level was 23.71 USD/Hour and minimum was 1.27 USD/Hour.
  • Data published Monthly by Bureau of Labor Statistics.

Historical Data (USD/Hour) by years

Data

Period

Date

26.7 Sep/23 07.10.2023
26.53 Aug/23 07.09.2023
26.47 Jul/23 04.08.2023
26.35 Jun/23 14.07.2023
26.18 May/23 02.06.2023
26.17 Apr/23 06.05.2023
25.89 Mar/23 08.04.2023
25.76 Feb/23 11.03.2023

Historical Chart by presidents (USD/Hour)

Wages in Manufacturing in United States by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Latest data on Wages Low Skilled (USD/Month)

  • Chart
  • Historical Chart

United States Wages 2023 | Minimum & Average | Take-profit.org (25)

How much is average wage for low skilled employees in United States?

  • Average wages for low skilled employees in United States increased to 1960 USD/Month. The maximum level was 2340 USD/Month and minimum was 1760 USD/Month.
  • Data published Yearly by Wageindicator Foundation.

Historical Data (USD/Month) by years

Data

Period

Date

1960 2018 04.07.2019

Historical Chart by presidents (USD/Month)

Wages Low Skilled in United States by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other labor indicators in United States

Index Updated Actual Previous
Retirement Age Men 2022 66.33 66.17
Unemployment Rate Sep/23 3.8 % 3.8
Initial Jobless Claims 207 K 205
Job Vacancies Aug/23 9577 K 9660
Labor Force Participation Rate Sep/23 62.8 % 62.8
Living Wage Individual 2018 1660 USD/Month 1560
Non Farm Payrolls Sep/23 336 K 227

Wages in other countries

Country Updated Actual Previous
Panama 2021 1281.178 USD/Month 1251.127
Brazil Aug/23 583.299 USD/Month 581.319
Chile Jul/23 1127.866 USD/Month 1122.853
Argentina Jun/23 1304.847 USD/Month 865.597
Canada Jul/23 3492.535 USD/Month 3497.242
Ecuador 2023 525 USD/Month 525
Mexico Aug/23 630.058 USD/Month 632.413
Peru Aug/23 509.014 USD/Month 505.361
United States Sep/23 4649.6 USD/Month 4640
Uruguay 2020 934.779 USD/Month 876.975
Cuba 2021 148.738 USD/Month 46.369
Nicaragua Jun/23 324.932 USD/Month 324.111

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As a seasoned financial analyst and enthusiast with a comprehensive understanding of global economic indicators and market trends, I am well-versed in the intricacies of financial markets and economic data. My expertise extends to diverse topics, including forex, stock markets, commodities, cryptocurrencies, and economic indicators.

In the provided article, there is a wealth of information related to various economic concepts and market analyses. Let's break down the key concepts and provide relevant information:

  1. Colombian Presidential Election Forecast:

    • No specific information is given in the provided text.
  2. SNB Gov Board Member Zurbrugg Speaks Forecast:

    • No specific information is given in the provided text.
  3. United Arab Emirates GDP (YoY) Forecast:

    • Actual: -6.1%
    • This indicates a significant negative growth rate in the United Arab Emirates' Gross Domestic Product (GDP) compared to the forecast.
  4. South Africa SARB Monetary Policy Review Forecast:

    • No specific information is given in the provided text.
  5. United Kingdom Annual Budget Release Forecast:

    • No specific information is given in the provided text.
  6. Forex Rates:

    • Various currency pairs are listed with their respective exchange rates.
    • Example: USD/CHF: 0.8627 (+0.26%)
  7. Top Countries by GDP Value:

    • No specific information is given in the provided text.
  8. Wages in the United States:

    • Minimum Wages (2022): $7.25 USD/Hour | $1160 USD/Month
    • Average Wages (Sep/23): $29.06 USD/Hour | $4649.6 USD/Month
    • Wage Growth (Aug/23): 5.73%
  9. Wages by Presidents in the United States:

    • Historical data on minimum wages and average wages under different presidents.
    • Example: Donald Trump's minimum wage: $7.25 USD/Hour | $1160 USD/Month
  10. Other Labor Indicators in the United States:

    • Various indicators such as retirement age, unemployment rate, jobless claims, job vacancies, etc.
    • Example: Unemployment Rate (Sep/23): 3.8%
  11. Wages in Other Countries:

    • Wages information for various countries, including Panama, Brazil, Chile, Argentina, Canada, Ecuador, Mexico, Peru, Uruguay, Cuba, Nicaragua, and the United States.

This comprehensive information covers a wide range of economic indicators, providing insights into global economic conditions, labor markets, and specific forecasts for selected countries.

United States Wages 2023 | Minimum & Average | Take-profit.org (2024)
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